Over 50,000 pensioners on less than €700 a month
Parliamentary question reveals that 52,533 persons live on a pension less than €700 a month.
52,533 persons live on a pension less than €700 a month, Family and Social Solidarity minister Marie Louise Coleiro Preca said.
The minister revealed the figure in her reply to a Parliamentary question by Nationalist MP Carm Mifsud Bonnici. The figures show that 35,779 persons receive a retirement pension which amounts to €700 a month, while 12,396 persons receive a widows pension of €700 a month or less.
A further 4,358 persons receive a disability pension which does not amount to more than €700 a month.
Unsurprisingly the highest concentration of persons earning €700 a month or less is in Malta's biggest town, Birkirkara, with almost 3,000 persons receiving such a pension.
On the other hand, Wardija, better known for its plush villas has the lowest number of pensioners on €700 a month or less, with a sole pensioner.
In its 2012 report 'A minimum budget for a decent living' Caritas established that r8.1% of the elderly couple households the net equivalised disposable income is lower than the minimum essential calculated benchmark, with the number of persons earning less than the minimum essential budget per annum being 1,535.
In a separate question, Coleiro Preca said that 410 are currently receiving a pension for severe disability with Birkirkara, Qormi, Fgura, Mosta, Zebbug and Rabat having the highest number.